Everest Financial Group LLC Acquires 51,711 Shares of Sprott Physical Gold Trust $PHYS

Everest Financial Group LLC bought a new position in Sprott Physical Gold Trust (NYSEARCA:PHYS) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 51,711 shares of the exchange traded fund’s stock, valued at approximately $1,617,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. CENTRAL TRUST Co bought a new stake in Sprott Physical Gold Trust during the third quarter valued at about $203,202,000. Pekin Hardy Strauss Inc. bought a new position in shares of Sprott Physical Gold Trust in the third quarter worth about $138,180,000. Evanson Financial LLC bought a new position in shares of Sprott Physical Gold Trust in the second quarter worth about $108,576,000. IMC Chicago LLC raised its stake in shares of Sprott Physical Gold Trust by 494.3% in the first quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock worth $86,800,000 after buying an additional 2,037,133 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in shares of Sprott Physical Gold Trust by 6.4% in the third quarter. Kestra Advisory Services LLC now owns 2,107,253 shares of the exchange traded fund’s stock worth $65,894,000 after buying an additional 126,300 shares during the period.

Sprott Physical Gold Trust Stock Down 2.7%

PHYS stock opened at $29.29 on Friday. The business’s 50-day moving average price is $31.47 and its 200-day moving average price is $33.77. Sprott Physical Gold Trust has a twelve month low of $29.11 and a twelve month high of $42.07.

About Sprott Physical Gold Trust

Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.